24, FOLLY LANE, CHEDDLETON, LEEK, ST13 7DA - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 FOLLY LANE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2021, which was around 9% below the average May 2021 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

24 FOLLY LANE Sold Prices

Land registry data shows two sales for 24 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 24 FOLLY LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 MAY	£250,000	£275,920	9% below HPI
2016 25 JUL	£198,000	£220,811	10% below HPI

24 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two 24 FOLLY LANE sales from July 2016 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 24 FOLLY LANE?

24 FOLLY LANE is 99m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Cheddleton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddleton, and where 24 FOLLY LANE lies on this distribution: 35% of detached houses are smaller than 24 FOLLY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheddleton.

24 FOLLY LANE: Plot and Title Map

24 FOLLY LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 24 FOLLY LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 FOLLY LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 FOLLY LANE?

24 FOLLY LANE is located in CHEDDLETON, in the ST13 postcode district. The below map shows the position of No. 24 on FOLLY LANE.